Sunday, January 25, 2009

Rental Homes and Utility Bills...

Here's a tip for anyone looking to rent out a investment property. When you sign a lease, tell the new resident that the utilities will be turned off on the day they are scheduled to move in. It is the residents responsibility to get the utilities switched over into their names.

I can't stress the tip enough. Forget to do this and you almost guarantee yourself the head ache of finding a full month's water and electric bill on YOUR statement and then the dreaded collection call to your resident trying to get reimbursed.

For help on how to Buy a home in Jacksonville, Rent a home in Jacksonville, Sell a home in Jacksonville, or Invest in Real Estate in Jacksonville, visit our website at www.ProgressHomeBuyers.com.

2 comments:

  1. Great tip, Adam. I appreciate you sharing valuable info for those of us who are just starting into the rehab/rental business.
    Thanks! - Karen

    ReplyDelete
  2. Fell free to post any questions that you may have for any side of real estate that you are currently working on, ie rehabs, rentals, sales, buying.

    ReplyDelete

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